HBAR Price Looks Closely Tried to Bitcoin, What’s Next?

Hedera’s HBAR remains under pressure, trading near $0.111 with a key $0.110 support in play and a 24.5% drop last week. The price tracks Bitcoin closely (correlation ~0.79), so broader BTC weakness weighs on HBAR’s upside prospects. Technicals show bearish momentum from the Squeeze Momentum Indicator, with potential moves toward $0.099 if selling persists. A break above $0.120–$0.125 could shift sentiment, but downside risks dominate in the near term.